PRESS RELEASE : President and the IMF Managing Director discussed the support of Ukraine’s economy during the war

The press release issued by the President of Ukraine on 16 May 2022.

President of Ukraine Volodymyr Zelenskyy held a video conference with Managing Director of the International Monetary Fund Kristalina Georgieva on the eve of her participation in the meeting of the G7 finance ministers.

The President thanked the IMF for supporting Ukraine’s economy during the difficult times of the war.

“Thank you for being a leader in the issues of assistance and overcoming this situation,” said Volodymyr Zelenskyy.

According to the President, the monthly deficit of the state budget of Ukraine is about 5 billion US dollars. So he called on the IMF to speed up support for our country.

In addition, Volodymyr Zelenskyy stressed the importance of financial support to Ukraine from partner countries, including the United States, Canada, Japan and the European Union.

He called on the IMF to actively participate in the development of Ukraine’s post-war reconstruction program.

The Head of State noted that our country is willing to continue implementing important reforms.

“Where we can show the results of reforms, we must not stop and move forward. Because of the war, not everything is yet possible. But we are ready to show the world that we are moving forward,” Volodymyr Zelenskyy stressed.

For her part, the IMF Managing Director said she would inform the G7 about the need to speed up the provision of the necessary financial support.